Bitcoin Forum

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

There is no such thing. The chance of their prediction coming true is almost as equal as the chance of the next person's prediction. Nobody can really know for sure how much and when the market is going to shift.

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Additionally, why do people have the need to open up so many speculation threads (+ in the wrong section) about the halving? Quite redundant.

Everybody is going to tell you that they don't know, and that they can't predict the price.

This question has been asked 5 times in the past 3 days.

Thank you.

I say that the bitcoin price will be something like this

650-700$ before halving

800-850$ fist 2 weeks after halving

and then 650$ again after the correction

at the end of the year 800$

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

The Halving will be the pinnacle of the event, and the buildup to the event will be the thing to watch. The figures have been influenced by the Chinese, with all the rumours that there are massive capital flight

out of China, but I figure a big percentage of that are just people {speculators} investing in the hopes to profit on the Halving event. The price will still climb, and my early predictions were that it would go to

$650, IF nothing major happens.  ;) {Like an exchange being hacked and millions of coins being lost}  ::)

I say it is the first important factor "the halvening" becouse the biggest farms for bitcoin are from china and they cannot just shut down the miners ..

 

I think we will see $700 before halving, and an extremely volatile move into the $800 to 1000 range by the end of the year

yeh, after the halving the pump will probabibly continues because of it. Just like the last bubble.
About the price, it's impossible to predict but i would expect at least twice as we have right now (between 800~1000USD) to compensate the farmers. Otherwise it will be doom.

This is becoming more apparent after see the last 48 hours of trading.  If this recent surge was without a doubt due to the halving then it would be more stable or still steadily climbing.  I am seeing strong resistance to the 600 mark which I would assume would be blown away if it was gearing up for the halving.

I agree that this increase was all China - running from the yuan.  

Should be interesting to see what effect this current run up and possible run down may have on the halving.  While this volatility is fun for traders, I personally do not think it is good for the growth and further adoption of the coin.

Bitcoin could clearly support a $400 price level for an extended period. So after the halving it could support $800 with the same level of demand if it gets there.

LTC is a good example. It clearly couldn't support much more than $60 million in the first half of 2015. While LTC rose a few months prior to the halving it has clearly been able to support $120 million+ since.

It appears BTC is already pricing in the halving as would be expected, so I would expect BTC to be able to sustain circa $800 if it gets there.

It could also overshoot and if it hits a new ATH in the process, then all bets are off. (Could go very high) That would probably require something like a another major Chinese devaluation or significant financial event around that general period.

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Bitcoins price rise as of late has been on very very low volume...... I think someone out there is just trying to fluff the price up a bit / manipulate it upwards in order to restore faith in the currency, it could endup being a fools errand for them.

The max price prediction for me is $650-$700 for the end of this halving and $800 till this end of december. But who knows ,there's a more chance of highering the price but not predicting too much.

Bitcoin is most unpredictable digital currency.I have opinion and expectations about price after halving will be above 500 $.In current situation even there will be huge increase what is happening right now.We will see stability above 500 $ and over all range can be between 500-650 $ for me as well.

It's going to be over 1K soon. The train has started and its going to be very hard to get it to stop.

I see max at 800$ but 600$ as minimum entry price for halving, but we may see lots of dumping just after halving within week of halving.

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

because 1k is a mental barrier like $500 was, in fact when the 500 was broken recently, we went stright to 600 and we are still increase probably just wait

if we break 1k the same thing will happen, we will go much higher, the price will not crash back at these current level, simply because we are already rock solid at 450, for many months

I think it will fall till $500

no sense, how it can fall to 500, when 450 was basically rock solid for MONTHS

you guy apprently don't know about new bottom being always higher than the previous one and not by a tiny margin

you guys are repeating the same error, that many were doing when the price was 230, by thinking that any increase would have lead to a dump to the previous price

the true is that we went to 450 and we remained there...

The talk of blockchain halving is mostly propagated by speculators. Just like in trading of Forex and other commodities before a major announcement, there will be high volatility in the price a few days prior to halving and it will also last a few days after halving. Thereafter, the dynamics of the market will determine whether the price will go down or up. i don't think the price will go beyond $700 in the long term. Just thinking

halving should affect to the price at all. we have known the amount of total coins from the beginning!

actually nobody could predict the exact prices for bitcoin after halving but people only could for speculate
and such as people already predict that may be max price after halving would be reach approximately $1000

I think max of price is $600 before halving block because after halving block there is come dumpers hard, it is just my prediction

The price of bitcoin changes too often (today -$13) but the maximum price after the halving i think that it will be x2 which means that the maximum price can be ~1k. Last time the price didn't changed immediately, it was needed few months after the halving to see its effect.

i dont know the block pize after halfing but i think Bitocin will hold his curse.
$600 should be realistik i think.


kind regards

If I was forced to guess, I would say BTC max price after the halving could reach $750 then go back down to 500 - 600. I'm no expert but that would be my best guess.  A realistic figure of where BTC could go.

The maximum price for bitcoin will be maximum ever we saw, in the year of 2013 there were very less people involved in bitcoin and even in that time bitcoin price reached to $1200 , and now I am thinking that there are a lot of people involved in it so the price will reach to more higher value than $1200.

How is $450 rock solid for months? The whole month March was below $450. From April 1 to April 20 the price was below $450. Even in May the price was below $450 for some days.

It is really hard to know what the value will be and that is because Bitcoin is a currency so you dont even know what will happen later in the future so that is risky.
But of course it should be nice that you can earn some money with it but that can takes a long time.

It's hard to predict what will be the value of bitcoin after the month of July. Anyway, if you buy now, you do not lose value.

Around $1k in 2-3 month after the halving imo

well if price won't stop rising these days and also it won't fall, then price on halving day can be around 650$-750$ but not larger probably, we won't be that lucky to see price like this

and after halving, price will rise to 1000$, then will fall a little bit because many people will sell bitcoins, and then it should rise to 1200$ or even more than that

FWIW, I like $800 range Bitcoin.....


......and I guess all the miners who aren't selling their Bitcoin at the moment, in the hope of much higher prices further down the line, will quite like $800 range Bitcoin also.

you can't predict it for sure and you can't put a max price for bitcoin after halving. it can stay around $600 or it can even start going up to the last highest price ~$1100 or it can even break all the resistance and surprise us all by going to >$2000

we just have to wait and see.

i think max price will go to 2000$ and then it will come back to 550$. i think according to current market price my prediction maybe right but we have to see what happens.

you can't set a maximum price after the halving because the price will start to move up and nobody can predict where it is going to stop but it can surely go past $1000 if a rally is started.

Id be fairly confident in saying it will land somewhere around the 500-600 mark. More is possible as is less but 5-6 i think is a number than can be held pretty well without taking major drops after a dump. Any higher and i forsee too many people dumping the price back down again.

In my opinion there is no limit to bitcoin's price. Since bitcoin's price will be based off supply and demand of the coin, and obviously after the halving the supply of the coins will suddenly drop, then there will be a rise in price.

But max price? Probably $2000 I'd say. That's pretty unlikely considering the short timeframe though.

Is there even a max price or do you mean the max price of what the price can be at the moment. I think that the price will not go above $650 after the halving.

This has to be one of the best replies I ever read. If I could pay you on the back I would, The only thing I'd like to add is that your max price of 2k I assumes is not for ever just for after the halving.

I feel that the price of bitcoin will be even higher after halving, and the most likely to achieve akandi bitcoin prices are above $ 1,500 if halving running smoothly

it is difficult to predict the max price of bitcoin after halving. because halving the effects will be felt in a long time. but I predict it will not be more than $1,000

I speculate that the price will be between $600 and $650 or slightly more. I do not think that the halving alone will dirve the price higher without more people start joining bitcoin and more investments appear in the market

$800 as predicted by experts while I feel it may just manage to reach $600-$650 and then may drop back to $500 at the end of July. If it crosses the mark of $800, it may drop to even $400 which I don't want. It can remain stable at the current price as it's a steady increase.